830 N Euclid Avenue, Pasadena, California 91104

Residential Income Sold

$1,150,000

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Lot Area 0.16 Sqft

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Listing Attribution

Listing ID:

MLS PW23002878

Listed by:

Gary Chen · DRE 01969000
· Keller Williams Pacific Estate · 310-780-7009

CoListed by:

Donna Bass - DRE 01846211
· Keller Williams Pacific Estate-La Mirada

Bought with:

Avinash Narang · DRE 01448548
· BRC Advisors BH

Property Description

A Five Unit Investment Property located in a very quiet neighborhood near the 210/134/110/2FWY and 20 minutes north of Downtown LA. The five-unit property, you can live in one unit and rent out the others or hold it as a great investment property. Five units – one 2bd/2bath, four 1bd/1bath. There are four separate garages and an onsite washer/dryer area. Currently, 100% tenant occupied that are month to month. The NOI and Cap Rate are Proforma based using actual local rents. Based on Current Rents, NOI is $54,290, and the Cap Rate is 5%, so there is great potential for increased income and added value.